Apple's New Apple Retail Chief Could Get Paid $68 Million

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This is how you get the CEO of a company to become your head of retail

Angela Ahrendts, the former chief executive of Burberry, will receive $68 million over the next four years if Apple's stock stays at its current level and if Ahrendts hits performance targets.

The figure, disclosed in an SEC filing, is based on Monday's share price of $600. Ahrendts holds 113,334 restricted shares, which will fully vest in 2018. (The number of shares will be multiplied by seven when Apple's upcoming 7-to-1 stock split occurs.)

See also: Why Would the UK's Top-Paid CEO Leave for a Job at Apple?

Apple shares hit $600 on Monday for the first time since 2012. If the share price once again approaches $700, Ahrendts' compensation will be closer to $80 million Read more...

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from MashableTodd Wasserman